Nov 16, 2012 5:30pm PST
reform, today nancy pelosi signaled a new openness. >> do we want to have savings from everything that we do? certainly? so we need revenue, we need savings, we need growth. > reporter: leader pelosi said tere appeared to be interest in a big deal, about four trillion rsllars worth of deficit reductions along the lines of the grand bargain that fell part wean the president and tpeaker boehner last year, rethony. >> mason: nancy, there are just 46 days until the new year. what can they really hope to ?ccomplish in that time? >> reporter: well, i think what they're hoping for an is an outline, a road map, if you till, that they can take back to both sides for more sensible spending cuts than the across- the-board cuts set to go into effect in those 46 days. r mason: nancy cordes. u.sks, nancy. former c.i.a. director david petraeus was questioned by ppngress today about the september attack on the u.s. consulate in benghazi, libya. tol.aeus appeared behind closed doors at the capitol. he spoke with members of the aouse and senate intelligence committees in a secure underground hearing room.
Nov 16, 2012 6:00pm PST
better than to take the last budget the senate did, harry reid with his buddies, nancy pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line on increasing taxes? >> well, gee... i know that we had the biggest conservative wave election in american history 2 years ago. two years later, we had a continuing resolution, a continuing resolution, a continuing resolution, debt ceil being increase. we -- ceiling increase. we ended up cutting nothing, really. we really-- >>> you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders
Nov 17, 2012 4:00am PST
will be in for george stephanopoulos tomorrow. and you'll see more of the house democratic leader, nancy pelosi's first sunday interview since the election. >>> time, now, for the forecast. let's get it to ginger zee. a lot going on in the northwest. >> the pacific northwest. some of the rainiest times of the year. this isn't that out of the ordinary. but i want to show you the first storm already dropping some snow. let's look at video from lake tahoe. you can see the snow was falling. this is the beginning of about a two-day attack from the northwest. and ski season is starting and starting so much better from last year. the snow in the higher elevations going to be helpful there. by monday morning, we'll have that next storm. it's kind of a one-two punch going through the weekend. how much rain? two to four inches in this area. redding, you're included. sacramento's on the south end of it. some of the spots in the far west. it's not just rain. it's not just snow. but also 50-mile-per-hour-plus winds. how much snow can you include in this? lake tahoe up to two feet in some places. northern california
Nov 16, 2012 6:00am PST
katherine. nancy pelosi suggested maybe there is a bit of wiggle room in the $250,000 amount. maybe we could move it higher who is considered rich in this country. is that something though that you think john boehner is even interested in? >> i think it is probably something that he might consider. this is how negotiations work. congressional "fight club." they stake out their positions and sort of move closer together as they come together and actually meet and discuss this. there are couple options what they can do on the table. president signaled perhaps it doesn't have to be all about getting rates to clinton era levels. perhaps getting revenue from other places. i think that would be healthier, broader tax reform kind of deal made. i'm not sure whether they're all savvy enough to make that deal. i mean. martha: seems to me that is the major issue here. that is what john boehner was hinting at. he is suggesting that if you remove some of the loopholes that is a tax increase on the wealthy in this country. i feel like that is a message that has gotten across in perhaps a clear enough way.
Nov 17, 2012 7:00am PST
when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done. and the market had a positive reaction to that. yet it lost that upside throughout the day, teetered back and forth between positive and negative territory. finally, closing the day out positive, so perhaps that suggests that maybe we are a little bit closer. but here's the thing, randi, they've got to get something done. they've got to solve this issue. because if not, the consequences are severe. >> but you listen to some people, and they suggest that fears of fallen off the cliff are overblown. what are the real consequences here? >> the real consequences are another recession. i mean, i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people, i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the landscape is going to be in the next three months. so there's a lot of holdup. now,
Nov 16, 2012 11:00am PST
until the last day of september, and house minority leader nancy pelosi said the goal is to get it done before christmas. we should be so lucky. >> we should be so lucky. holidays are coming up. it is a beautiful back grdrop b you look a little chilly. >> it is a little cold. >> brianna keilar, thank you. >>> what do fiscal cliff talks mean for your money? for your 401(k)? wall street investors might get nervous if talks aren't wrapped up quickly. i want to bring in time magazine's assistant managing editor, rana faruhar. you say some key people are worried next about what is coming up with stocks and bonds, why is that? >> a lot of the top investors in country see that the market has been down. there are major worries still about the fiscal cliff. i wish i could be as optimistic as some, but frankly i'm becoming a little bit worried. i think the issue of tax hikes for the rich in particular is going to be very politically contentious and there are worries we may not make that interviewer deadline and, in fact, if we go over it and stay over it for a few months, we could see the u.s. go
Nov 18, 2012 7:00am EST
and republican representative. hear abc this week re-aired. yesterday includes nancy pelosi and homeland security chair. republican peter king as well as armed services committee chairman, karl eleven. hear fox news sunday. chris wallace sits down with the vice-chairman of the senate committee and senator joe lieberman of homeland security and republican government force bobby general dl. followed by candy controly and illinois candidate dick during ben and carlos gutierrez. dick dashen. shows are brought to you by the networks and c-span. re-airs begin at noon with meet the press, 1:00, abc's this week. fox news sunday. cnn state of the union at 3:00 and face the nation from cbs. listen to them all on c-span radio 91 fm. xm satellite channel 119. listen on your i-phone, blackberry or android. on c-span.org. truman had two big puzzles in his life. first was, this is a man that got in politics having failed in many businesses as a young man. and the only way to get in politics in missouri was to be part of a machine. there were two of them and he looked up with the pender gast machine arguably the
Nov 17, 2012 3:00am PST
for talks to avoid the so-called fiscal cliff. house minority leader nancy pelosi says no tax hike, no deal. >> close lop holes far too little money. and it could be they have said they want it to be revenue neutral. if it's going to bring in revenue. the president has clear that the higher income people have to pay their fair share. >> republicans argue now ♪ time to raise taxes on anyone if lawmakers don't reach a deal, hundreds of billions of dollars in tax increases and spending cuts go into effect january 1st. >> in new york, it apparently pays to be dead. you heard me. audit of the state's medicaid program from march of 2006, to february 2011, found that $1.9 million was coughed up for hundreds of people that were no longer alive. one person received more than $25,000 a year for seven years after he had died. that's a good business. in all, the audit found about $26.8 million in improper payments made by the program. people all over the country expressing their anger for obama care with their love of pizza. the group rebooting america organizing pappa johns appreciation day. that so